Park Slope’s Formerly Pink House Drops Price

The famously pink townhouse at 233 Garfield Place that underwent a brown washing and a top to bottom renovation last year is still on the market. With no takers at $4,795,000, it has dropped its price to $4,450,000, as Curbed was the first to point out. The broker has also changed, from Halstead to Douglas Elliman. What do you think is the holdup here?

7 Comment

Maybe it’s way too expensive. There’s probably not a single other house out there over $4 million. I think there’s a listing on the same block of 1st St for $3.9 that includes deeded parking across the street — I am not sure what this house has to offer that’s worth a 500K premium.

I said it before — basic economics says they should have left the house pink.

Not sure it is a fail…since they paid just over 2 mil for it, even with substantial renovation, they stand to make a nice profit…jut sellers starting sky high on the asking…says to me they are in no hurry to sell.

Yes, the ask is too high. $3.95m would be more realistic. Besides that, it looks like a nice, clean reno. To have refinished all of that wood is huge. Good layout too. I might have a few quibbles about some choices (lighting, bathroom and kitchen hardware) but this is basically a great blank slate for new owners to add some personality to.

Incredibly beautiful reno! Expensive? yes, but i don’t see anything else out there that is done to this fabulous extent. The exit of the sickeningly sweet plastic bubblegum pink is a godsend to all who live on this block whether painted or not